Real Estate Appreciation for Burlington, North Carolina: + 12.78%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Burlington, North Carolina: + 12.78%
- State of NC: + 13.53%
- Difference: - 5.55%
Burlington-NC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 106.09 | + 0.48% | + 1.93% |
| 1996 | 3 | 107.38 | + 1.22% | + 4.86% |
| 1996 | 4 | 108.08 | + 0.65% | + 2.61% |
| 1997 | 1 | 109.39 | + 1.21% | + 4.85% |
| 1997 | 2 | 110.62 | + 1.12% | + 4.50% |
| 1997 | 3 | 110.9 | + 0.25% | + 1.01% |
| 1997 | 4 | 113.49 | + 2.34% | + 9.34% |
| 1998 | 1 | 115.61 | + 1.87% | + 7.47% |
| 1998 | 2 | 116.52 | + 0.79% | + 3.15% |
| 1998 | 3 | 117.84 | + 1.13% | + 4.53% |
| 1998 | 4 | 119.07 | + 1.04% | + 4.18% |
Some of the ways peope use our appreciation data for Burlington, North Carolina include real estate investment .
Lets look at Altamahaw, North Carolina, a city located in Burlington, North Carolina MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in North Carolina check out Spec-Loan.com
If you were going to do a Altamahaw, North Carolina Refinance, or Altamahaw, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Altamahaw, North Carolina home was worth $94,000.00 in 1996, you could multiply by + 12.78%, add the gain and see the home should be worth $106,010.42 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Burlington-NC from 1996 to 1998:
+ 4.26%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 27202 - ALTAMAHAW, NC
MSA Pop: 136773Zip Pop: 24
Avg Value: 45000
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.186466
Long: -79.505991